Type: Bearish ReversalKey Levels:Resistance: 1.91543Pivot: 1.90271 Support: 1.8844Preferred Case:On the H4, with price moving below our Ichimoku cloud, we have a bias that price will drop from pivot...
Market Spotlight: One More Push Lower For GBPNZD?
GBPNZD Testing Key LevelThe sell off in GBPNZD has seen the pair collapsing by around 8% over the last month, shedding around 1600 pips! The decline has been firmly consistent with price blowing...
Daily Market Outlook, March 21, 2022
Daily Market Outlook, March 21, 2022 Overnight HeadlinesWhite House: US Pres Biden To Visit Poland On Europe Trip This WeekChina Keeps Benchmark Lending Rates Unchanged, As ExpectedNZIER Forecasts...
GBPNZD, H4 | Bearish Dip
Type: Bearish ReversalKey Levels:Resistance: 2.05483Pivot: 2.04976Support: 2.03089Preferred Case:Prices have recently broke of our ascending trendline. We see the potential for further bearish drop...
GBPNZD, H4 | Bullish Momentum
Type: Bullish BounceKey Levels:Resistance: 2.04059Pivot: 2.01111Support: 2.00397Preferred Case:Prices are on bullish momentum and abiding to our bullish trendline. We see the potential for a bounce...
Market Spotlight: GBPNZD Breakout Hits Target
Beware Correction RisksThe breakout trade in GBPNZD from 1.9690 has now hit its target at 2.0064. With the retail market still firmly short the pair and with both MACD and RSI bullish, there is room...
Market Spotlight: GBPNZD Approaching Target
GBPNZD Trading HigherThe recent GBPNZD 1.9690 breakout idea is well on track to hitting its target at 2.0064. The pair has been firmly higher over the start of the year with GBP benefitting from...
GBPNZD, H4 | Bullish Bounce
Type: Bullish BounceKey Levels:Resistance: 1.97034Pivot: 1.95315 Support: 1.94682Preferred Case:Prices are consolidating in a triangle. We see the potential for a bounce from our Pivot at 1.95315 in...
Market Spotlight: GBPNZD Breakout Play
GBPNZD Testing Key LevelGBP has been back in demand following the BOE’s rates move yesterday. While the decision is being somewhat overshadowed by the risks around Omicron in the UK, there is still...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.